CAclubindia Articles

Careers or Jobs : What is more Important?

Posted by Guest 04 September 2009 15009 Views

This is a guest post by Dr Uma Ganesh, she has an MBA degree from the Faculty of Management Studies, University of Delhi and a PhD from IIT Bombay and is the CEO of Global Talent Track. It is a cliche that building careers not finding jobs that help

Accounting for derivatives

Posted by Ankit 21 CA,CS,B.Com 03 September 2009 63494 Views

Derivatives are financial instruments that derive their value from changes in benchmark based on stock prices, interest rates, mortgage rates, currency rates, commodity prices or some other agreed upon base. Derivative Financial Instruments (DFIs) ca

Dos and Dont's for ITR-V

Posted by vidyasagar 01 September 2009 19717 Views

Dos and Dont's for printing and submitting of ITR-Vs to ITD-CPC Bangalore Please use Ink Jet /Laser printer to print the ITR-V Form. The ITR-V Form should be printed only in black ink. Do not use any other ink option to print ITR V. Use of D

Amendment for Cenvat on Building Material :Far from solution

Posted by Pradeep Jain 01 September 2009 14561 Views

In a manufacturing process, there are a lot of raw materials used to make a final product. The excise duty paid on the said raw materials or inputs used in manufacturing of final products are eligible as Cenvat credit under the Cenvat credit scheme.

Certificate of Commencement of Business: Procedural Analysis

Posted by Ankur Garg 01 September 2009 180193 Views

Dear Members, This Article is in continuation to my previous Article titled “PROCEDURES FOR INCORPORATION AND REGISTRATION OF COMPANIES”. Kindly excuse me if you fine any typing error. The date of incorporation of a company may not be th

GOODS AND SERVICE TAX -HOW AND WHY????

Posted by CA Sudhir Halakhandi 28 August 2009 22701 Views

GOODS AND SERVICE TAX: - HOW AND WHY??????- CA SUDHIR HALAKHANDIIn 2006 when the then Finance Minister Mr. P Chidambaram announced the intention of the Government to introduced Goods and Service Tax in India in 2010, the pronouncement was very simple

CENVAT credit on input service

Posted by Pavan Jain S 28 August 2009 29623 Views

CA Rajesh Bagrecha, FCA., DISA(ISA)CA Pavan Jain S, Bcom (TPP), ACA.Introduction: The concept of CENVAT credit was introduced with an intention to avoid cascading effect of taxes. The Central Value Added Tax [CENVAT] allows the credit of the duty pai

Why do Arbitration proceeding too gets delayed?

Posted by Durga Rao 27 August 2009 7272 Views

In order to address the issue of delay before Traditional Courts and in order to decrease the burden of courts, Alternative Dispute Resolution Mechanism was mooted and now everybody is aware of Arbitration proceedings. As everybody knows, Arbitratio

Cash Management: The role of the Internal Auditor

Posted by Vikas Kalyanshetty, ACA 27 August 2009 30676 Views

According to many industry experts the basic reason why many successful companies have collapsed is improper cash management. Having surplus cash in the current accounts are considered as a sign of efficiency of the companies but sitting on such larg

Problems in registration of LLP

Posted by Arjun Mahadevan 27 August 2009 18890 Views

Dear Friends,So everyone is under the impression that incorporating an LLP is no big deal. Now I will express my views on the experience of my client in getting his LLP registered.After getting DPIN for himself and his 2nd partner, which also involve